Stoil Vasilev

Venture Partner, Eleven Ventures
Stoil Vasilev, after eight years at SumUp, helps founders with fundraising strategy and investor selection, champions CEE payments, and says Paypercut's raise required 130+ conversations and 300 calls.
How to contact Stoil Vasilev
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Avg Check
€300K–€1M
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Does their fund Lead?
No
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Stoil Vasilev
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Sectors their fund invests in
Fintech
Health
Future of Work
Food & Ag
Climate
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€300K–€1M
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Leads?
No
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About Stoil Vasilev

Stoil Vasilev spent eight years inside SumUp working across fundraising, finance, and operations before becoming a Venture Partner at Eleven Ventures, and he focuses on helping founders with the specifics of raising money, from financial modeling to investor selection, while pushing the idea that CEE's payments landscape is more interesting than people give it credit for. He's also open about how hard fundraising can be, sharing that Paypercut's raise took over 130 investor conversations and 300 calls, and he describes his own motivation as wanting to make business feel more authentic.

About their Fund

Eleven Ventures

Sectors
Fintech, Health, Future of Work, Food & Ag, Climate
Rounds
Pre-Seed - Seed
Avg Check Size
€300K–€1M

Eleven Ventures is one of Bulgaria's first startup funds, founded in 2012 as an accelerator to help build the Bulgarian and Southeast European startup ecosystem for founders in the region, and it is funded by more than 80 tech and industrial entrepreneurs from CEE rather than typical institutional investors. It runs programs like the Visa Innovation Program Europe with Visa and the Elevate university accelerator with AUBG, and its portfolio includes early support for Bulgaria's first unicorn, Payhawk, as well as less conventional bets like the cargo-drone airline Dronamics.

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